Royal Bank of Scotland has won the 7-month, £49 billion battle for ABN Amro, the Dutch banking giant, after Barclays admitted defeat. This is the second time that Sir Fred Goodwin, RBS Chief Executive, has been victorious over a British rival. In February 2000, he won the £21 billion bid for NatWest, seeing off his [...]

More: RBS sees off Barclays for ABN Amro bid